Future Earnings of Existing Fleet is Still Dependant on Demolition Activity

It’s demolition activity which will balance out – eventually – the current tonnage overhang in the tanker market, as it did (coupled with a rise in demand) in the dry bulk market. In its latest weekly report, shipbroker Allied Shipbroking noted that “given that the summer period has now officially come to a close, it … Continue reading Future Earnings of Existing Fleet is Still Dependant on Demolition Activity